TQN Tarquin Grp. (Tier2)

Tarquin Group Inc. (TSX VENTURE:TQN), a diversified industrial technology
company, today announced results for its first quarter of fiscal year 2008,
ended June 30, 2007. All figures presented are calculated in accordance with
generally accepted accounting principles (GAAP) in Canada and are in Canadian
dollars.


Revenue for the quarter was $1,905,133, compared to $465,292 in the same quarter
for 2007.  Net loss for the quarter was $348,067 or a basic and diluted loss per
share of $0.020. The net loss for the same quarter in fiscal 2007 was $167,116
or a basic and diluted loss per share of $0.013.


The loss before interest, taxes, depreciation and amortization (EBITDA) in the
first quarter of 2008 was $45,308, as compared to a loss before interest, taxes,
depreciation and amortization of $142,180 in Q1 2007.


These results report three months of operation for Process Photonics Inc. and
the period of May 22, 2007 to June 30, 2007 for Dipix Technologies Inc., both
subsidiaries of Tarquin Group.  The comparable results are for three months of
Process Photonics Inc.


"The operating results for the first quarter of 2008 show the effects of
Tarquin's strategy of aggressive acquisitions coupled with organic growth in
existing subsidiaries," said Tarquin Group CEO Don Gibbs. "The next quarter's
results will be from organic growth and a full three months of Dipix
performance."


About Tarquin Group

Tarquin Group Inc. (TSX VENTURE:TQN) is a diversified industrial technology
company providing solutions to the global manufacturing market. Acting
strategically in desirable niche markets worldwide, Tarquin's structure and
processes ensure superior product solutions for customers while driving
profitable growth for all its stakeholders. Tarquin's member and target
companies are niche market leaders in the fields of laser applications and test,
measure and control solutions for manufacturing. For more information visit:
www.tarquingroup.com.


Forward Looking Statements

This news release contains forward-looking information. These statements relate
to future events or future performance and reflect management's current
expectations and assumptions. A number of factors could cause actual events,
performance or results to differ materially from the events, performance and
results discussed in the forward-looking statements.  These forward-looking
statements are made as of the date hereof and Tarquin Group Inc. does not assume
any obligation to update or revise them to reflect new events or circumstances.


The TSX-Venture Exchange does not accept responsibility for the adequacy or
accuracy of this release.

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